Effective New Year’s Day, the Public Service Enterprise Group — operator of New Jersey’s largest utility in the Public Service Electric and Gas Company – will be in charge of electricity on Long Island.

The Public Service Enterprise Group, operator of New Jersey’s largest utility in the Public Service Electric and Gas Company, said it wants to hit the ground running when it takes over for the troubled Long Island Power Authority on Jan. 1.

LIPA posted a warning on its website advising customers who receive suspicious calls to just hang up. The utility said they never demand direct payment over the telephone and don’t accept credit or debit card payments.

Gov. Andrew Cuomo did not mince words about the Long Island Power Authority’s handling of superstorm Sandy and the snowstorm that followed. So now, Newark-based PSEG has set up a subsidiary on Long Island.

The data from the U.S. Energy Information Administration shows that Con Ed’s 2.1 million residential customers in New York City and Westchester County paid an average of 25 cents per kilowatt hour in 2012.

The Moreland Commission, created by Gov. Andrew Cuomo just weeks after the October storm, issued its final report after reviewing more than 175,000 documents, holding 10 hearings, and interviewing more than 90 stakeholders and witnesses.